You voted for it
So we delivered
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FIELD BURN POOL IS NOW LIVE !!!!
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Currently 10% (1 in 10) of new FIELD is automatically being BURNT
BUT
we're not stopping there.
Over the course of the next 2 years we plan to increase the burn rate to a WHOPPING 87.5%* !
That's right, 87.5%.
The team plan on a medium term strategy to SIGNIFICANTLY cut the daily rate of new FIELD supply, which in combination with buybacks & team weekly burns will make FIELD deflationary
Keep your farm equipment well oiled, our FIELDs are going to be fit to bursting with harvest
Burn schedule
(10%) 1 FIELD per block for 60 days, then
(20%) 2 FIELD per block for 60 days, then
(30%) 3 FIELD per block for 60 days, then
(40%) 4 FIELD per block for 60 days, then
(50%) 5 FIELD per block for 60 days, then
(55%) 5.5 FIELD per block for 60 days, then
(60%) 6 FIELD per block for 60 days, then
(65%) 6.5 FIELD per block for 60 days, then
(70%) 7 FIELD per block for 60 days, then
(75%) 7.5 FIELD per block for 60 days, then
(77.5%) 7.75 FIELD per block for 60 days, then
(80%) 8 FIELD per block for 60 days, then
(82.5%) 8.25 FIELD per block for 60 days, then
(85%) 8.5 FIELD per block for 60 days, then
(87.5%) 8.75 FIELD per block ongoing
Leaving 1.25 FIELD per block distributed
87.5% burn target
*This is subject to change based on market factors & community feedback